Upcoming transaction listings are preliminary and subject to change.
1. During the week of June 19, 2023, MTA will be remarketing $75.76 million TBTA General Revenue Variable Rate Bonds, Series 2001C and $185 million TBTA General Revenue Variable Rate Refunding Bonds, Subseries 2005B-3, and will substitute the Letter of Credit for each bond series. Barclays Bank PLC will provide a new Letter of Credit for the TBTA Series 2001C and Bank of America, N.A. will provide a new Letter of Credit for the TBTA Subseries 2005B-3. Barclays Capital and BofA Securities will be Remarketing Agents for the series of bonds, respectively. A Remarketing Circular will be available here in mid-June.
2. During the month of June 2023, MTA anticipates pricing approximately $700 million TBTA Payroll Mobility Tax Senior Lien Green Bonds, Series 2023B (Climate Bond Certified). The transaction is expected to refund certain Transportation Revenue Bonds and provide proceeds for approved transit and commuter projects. Ramirez & Co. is the book-running senior manager. For more information, see the Preliminary Official Statement, dated May 12, 2023. Note, the transaction was originally slated to price during the week of May 15, 2023, but was postponed. The Preliminary Official Statement does not reflect that change.
Note about disclosure documents
A posted preliminary disclosure document for a bond or note transaction will be replaced with the final disclosure document once the bonds or notes are sold. The final disclosure document will contain updates to the preliminary disclosure document, including applicable pricing information. Final disclosure documents can be found below under the heading “Official Statements and Remarketing Circulars,” as well as on EMMA for the specific CUSIP.